Taking Security

• Is it possible to take security over the project assets and/ or the land on which they are built?

• Is it possible to take security/ a pledge over shares? If so, do potential liabilities attached to those shares pass with the security?

• Is it possible to take security over the cash flows / contractual rights (including future rights as they crystallize) / bank accounts of the project?

• Which creditors get priority in the case of insolvency?

Emerging Market Private Equity Association (EMPEA) is a global industry association for private capital in emerging markets.

African Development Bank Guarantees

IDB work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education, and advance infrastructure.  The IDB can guarantee loans made by private financial sources in public sector projects.

ADB’s guarantees support infrastructure projects, financial institutions, capital market investors and trade financiers, and cover a wide variety of debt instruments. 

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

The IFC partial credit guarantee (PCG) is a credit enhancement mechanism for debt instruments (bonds and loans). It is an irrevocable promise by IFC to pay principal and/or interest up to a pre-determined amount.

The World Bank Guarantee Program aims to:

• Mobilize private investment (equity and debt) for strategic projects or sector support
• Mitigate key government-related risks to enable financial viability and bankability
• Enhance the credit quality of sovereign and sub-sovereign obligors to achieve acceptable or affordable levels
• Reduce costs and improve financing terms for projects and governments
• Ensure long-term sustainability of projects

经济合作与发展组织（OECD）水务研究

本报告评估了私营方参与约旦供水及环境卫生行业所面临的治理和融资挑战，并提供了一些方法来应对这些挑战，其依据的是国际经验以及OECD的准则和良好实践。

如要了解更多关于私营方参与水务行业的信息，请访问“PPP水务在水务及环境卫生领域”

参考文件：Jordan_ Water Governance in Jordan.EN.pdf



New Moroccan PPP Law, Client Alert by Paule Biensan and François-Guilhem Vaissier, White and Case, April 2015